Sep 2026
$252K
-3.3% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Florence, AL housing market
Florence, AL metro median sale price $252K in Sep 2026, down 3.3% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Florence, AL metro is $252K as of Sep 2026, down 3.3% from a year earlier. That is the 19th-steepest year-over-year decline of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 6.7% through Q2 2026.
On median sale price, Florence ($252K) ranks 8th of the 12 Alabama metros Pecan Street tracks, between Decatur ($261K) and Dothan ($249K). On median days on market, Florence (69 days) ranks 5th of the 12 Alabama metros, between Decatur (69 days) and Montgomery (67 days). Florence has the highest share of listings with a price cut of the 12 Alabama metros (40%), ahead of Decatur (37%).
Listings spent a median 69 days on market in Sep 2026, more than in most of the 385 metros. 40% of active listings carry a price cut, 4.0 points more than a year earlier. That share is higher than in most of the 385 metros.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,380 a month; at 28% of gross income, that takes about $59K a year. The median sale price equals about 16 years of HUD Fair Market Rent, a ratio down 10.9% from a year earlier. Active listings ask a median $157 per square foot, up 1.1% from a year earlier.
In five of the nine ZIP codes in the table below, median list prices are lower than a year earlier; four are higher.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,380/mo
$59K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Florence compares to other U.S. metros
| Home-price growth | ↓365th of 383 |
|---|---|
| Days on market | ↑90th of 385 (top 24%) |
| Price cuts | ↑131st of 385 (top 35%) |
| Price-to-rent | 175th of 373 (top 47%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 16 -10.9% YoY 175th of 373 (top 47%) |
|---|---|
| Asking price / sq ft | $157 +1.1% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 40% +4.0 pts YoY ↑131st of 385 (top 35%) |
|---|
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 9 shown of 13 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 10.0ppRedfin (metro) -3.3% | FHFA HPI · Q2 2026 +6.7% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in AL
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 35616 | $454K↑ | 30↑ | 4↑ | 6↑ | 89↓ | $141K↑ |
| 35630 | $215K↓ | 142↑ | 46↑ | 62↑ | 61↑ | $175K↑ |
| 35633 | $323K↑ | 93↑ | 26↑ | 42↑ | 62↑ | $239K↑ |
| 35634 | $469K↓ | 55↑ | 12↓ | 12↑ | 80↓ | $284K↑ |
| 35645 | $350K↓ | 86↑ | 24↑ | 32↑ | 80↑ | $270K↑ |
| 35652 | $428K↑ | 49↓ | 10 | 20↑ | 76↑ | $263K↑ |
| 35660 | $200K↑ | 60↑ | 12↓ | 32↑ | 78↓ | $129K↑ |
| 35661 | $299K↓ | 118↑ | 28↓ | 58↑ | 53 | $255K↑ |
| 35674 | $238K↓ | 108↑ | 26↑ | 40↑ | 71↑ | $198K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.